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Name | Symbol | Market | Type |
---|---|---|---|
Petroleo Brasileiro ADR | NYSE:PBR | NYSE | Depository Receipt |
Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-0.07 | -0.41% | 16.90 | 17.08 | 16.67 | 16.99 | 13,543,155 | 00:28:40 |
By Dominic Chopping
Norwegian seabed-to-surface engineering contractor Subsea 7 SA (SUBC.OS) said Monday it has been awarded a two-year, $200 million contract from Petrobras (PBR).
The contract covers the installation of flexible lines for Petrobras' projects using Subsea 7's construction and flex-lay vessel Seven Seas, on a day-rate basis.
The vessel has been operating for Petrobras under a similar day-rate contract since 2013 and will commence the new contract in direct continuation to the current one.
-Write to Dominic Chopping at dominic.chopping@wsj.com; Twitter: @WSJNordics
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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